Arena Hospitality Group D.d. · ZSE:ARNT
Arena Hospitality Group D.d — FY2022 Earnings Presentation
31 slides from Arena Hospitality Group D.d's earnings presentation, Mar 2, 2023
Slide 1: Presentation of 2022 results - materials
Security: ARNT LEI: 74780000Z0PH7TFW3185 ISIN: HRARNTRA0004 Home Member State: Croatia Listing: Prime Market of the Zagreb Stock Exchange Pula, 02.03.2023 - ZAGREB STOCK EXCHANGE - CROATIAN FINANCIAL SERVICES SUPERVISORY AGENCY - CROATIAN NEWS AGENCY - COMPANY WEB SITE Subject: Presentation of 2022
Slide 2: Annual Report 2022
Annual Report 2022 2nd MAR 2023
Slide 3: Presented by
Annual Report 2022 Presented by DEVANSH BAKSHI, FCMA, MBA Member of Management Board & Chief Financial Officer
Slide 4: Table of contents
Annual Report 2022 Table of contents • HIGHLIGHTS • OPERATING REVIEW • Group & Regional Operations • Consolidated Financial Position • Outlook 2023 • LIQUIDITY & DEBT STRUCTURE • Net Debt and Cash • Debt Profile • STRENGTHENING LONG TERM GROWTH • Investment Activities • SUSTAINABILITY REPORT • Overv
Slide 5: Highlights
Annual Report 2022 Highlights FINANCIAL KPI’S OPERATING KPI’S REVENUE (HRK MILLION) OCCUPANCY 60% PBT (HRK MILLION) REVPAR HRK EBITDA (HRK MILLION) AVERAGE DAILY RATE HRK 71%
Slide 6: Operating Review
Annual Report 2022 Operating Review
Slide 7: 2022 Operating Review - Group
Annual Report 2022 2022 Operating Review - Group HRK m KEY COMMENTS 900 825 800 • As European markets eased COVID-19 restrictions, we saw pent-up demand 700 for travel, particularly from holidaymakers. This resulted in an exceptional 600 strong performance from our Croatian operations during the sum
Slide 8: 2022 Operating Review - Croatia
Annual Report 2022 2022 Operating Review- Croatia HRK m KEY COMMENTS 700 613 600 500 • Our 2022 performance reflected an exceptional summer season, 392 delivering outstanding EBITDA despite inflationary pressures and a 400 +147% 56% higher proportion of international seasonal employees who require 3
Slide 9: 2022 Operating Review - Germany
Annual Report 2022 2022 Operating Review - Germany HRK m KEY COMMENTS 180 157 160 140 • This slow start to the year was the result of extended COVID-19 restrictions 170% which were finally relaxed in March 2022. Once lifted, bookings began to build 120 from the domestic leisure market, although the
Slide 10: 2022 Operating Review - CEE Region
Annual Report 2022 2022 Operating Review - CEE Region HRK m KEY COMMENTS 60 48 50 • Our CEE operating region, which consists of Hungary, Serbia, and Austria, reported a substantial increase in business activities during the year. 40 -31.5% 682% 30 • The integration of the Arena Franz Ferdinand Hotel
Slide 11: 2023 Outlook
Annual Report 2022 2023 Outlook KEY TOPICS • We believe that the results of 2022 set a new base line for our future performance and growth. This is supported by our investment plan and unrelenting focus on improving our customers’ experience which is building strong brand loyalty. • Whilst the geopo
Slide 12: Consolidated Income Statement
Annual Report 2022 Consolidated Income Statement HRK '000 € '000 KEY COMMENTS 2022 2021 Change 2022 2021 Change Revenues 825.278 460.699 364.579 109.533 61.231 48.302 • Total revenue increased by HRK 364.6 million driven by Operating expenses -573.037 -281.127 -291.910 -76.055 -37.364 -38.691 except
Slide 13: Consolidated Balance Sheet - Assets
Annual Report 2022 Consolidated Balance Sheet - Assets HRK '000 € '000 2022 2021 Change 2022 2021 Change KEY COMMENTS ASSETS Non-current assets • Non-current assets increased by HRK 104.3 million to HRK 3,000.6 million Intangible fixed assets 4.130 2.167 1.963 548 288 260 (2021: HRK 2,896.3 million)
Slide 14: Consolidated Balance Sheet - Equity & Liabilities
Annual Report 2022 Consolidated Balance Sheet - Equity & Liabilities HRK '000 € '000 2022 2021 Change 2022 2021 Change KEY COMMENTS EQUITY AND LIABILITIES Equity: • Non-current liabilities increased by HRK 143.6 million to HRK 1,627.8 million Issued capital 102.574 102.574 0 13.614 13.645 -31 (2021:
Slide 15: Consolidated Cash Flow Statement
Annual Report 2022 Consolidated Cash Flow Statement 219/2018 KEY COMMENTS • Net cash provided from operating activities increased by HRK 93.6 million as a result of the strong summer recovery in Croatia contributing to Groups overall performance. • The Group increased investments during the year com
Slide 16: Liquidity and Debt Structure
Annual Report 2022 Liquidity and Debt Structure
Slide 17: Net debt as at 31 Dec 2022
Annual Report 2022 Net debt as at 31 Dec 2022 KEY COMMENTS Debt Composition • Net debt did not show significant change on year-on-year basis. HRK M FY 2022 FY 2021 Change • The Group had a cash position of HRK 530.7 million, with the increase of HRK 189.8 million mostly due to new loans. • During 20
Slide 18: Group Debt Profile at 31 Dec 2022
Annual Report 2022 Group Debt Profile at 31 Dec 2022 DEBT STRUCTURE GROUP DEBT MATURITY % Fixed Rate Debt HRK M 94% 800 700 734 734 600 Weighted Cost of Debt 500 2.1% 400 281 281 300 200 156 161 Term of Debt 144 106 95 110 100 6.6 0 years 2023 2024 2025 2026 2027 Debt Service Debt Service (Excl.HBOR
Slide 19: Strengthening Long Term Growth
Annual Report 2022 Strengthening Long Term Growth
Slide 20: Investments
Annual Report 2022 Investments TOTAL 93M € HOTEL GRAND BRIONI PULA HOTEL ZAGREB CONVERSION RIVIERA CONVERSION 35M € 18M € 15M € 100% completed 60% completed 5% completed ARENA STOJA CAMPSITE ARENA FRANZ FERDINAND BUDAPEST REFURBISHMENT REFURBISHMENT REFURBISHMENT 7M € 7M € 3.5M € 50% completed 50% c
Slide 21: Sustainability Report 2022
Annual Report 2022 Sustainability Report 2022
Slide 22: Overview - Methodology
Annual Report 2022 Overview TBA METHODOLOGY We applied Global Reporting Initiative (GRI) & EU Taxonomy Incorporates recommendations and reporting requirement of Croatian regulatory body HANFA We worked with external partners to achieve limited assurance and independent data handling. Across all emis
Slide 23: Overview - Material Topics
Annual Report 2022 Overview TBA MATERIAL TOPICS GOVERNANCE Corporate Governance Corruption SOCIAL Health and Safety Diversity and Equal Opportunity Collective Bargaining Human Rights Training and Skills Community and Social impact ENVIRONMENTAL Greenhouse Gas Emissions Water, Waste and Energy Biodiv
Slide 24: Select Social GRI's
Annual Report 2022 Select Social GRI’s
Slide 25: Select Environment GRI's
Annual Report 2022 Select Environment GRI’s
Slide 26: Thank you!
ARENA HOSPITALITY GROUP A MEMBER OF PPHE HOTEL GROUP
Slide 27: Disclaimer
DISCLAIMER Arena Hospitality Group d.d. (Arena) Euro figures are based on fixed conversion rate of HRK 7.5345 to 1 Euro This presentation is solely for information purposes, and is not to be construed as professional, financial, investment or other advice. It does not constitute any offer or solicit
Slide 28: NEW Hotel in Zagreb
Annual Report 2022 NEW Hotel in Zagreb HOTEL ZAGREB CONVERSION 18M €
Slide 29: Arena 88 Rooms Belgrade
Annual Report 2022 Arena 88 Rooms Belgrade BELGRADE ARENA 88 REFURBISHMENT 3M €
Slide 30: art'otel budapest
Annual Report 2022 art’otel budapest Public areas, lobby, bar, reception, conference center, SPA and 165 hotel bedrooms art’otel budapest 7M €
Slide 31: Arena Stoja Campsite
Annual Report 2022 Arena Stoja Campsite ARENA STOJA CAMPSITE REFURBISHMENT 7M €
Arena Hospitality Group d.d. — FY2022 Earnings Presentation on 6ix